Sprint today announced the launch of two new smartphone upgrade programs, Sprint Flex and Sprint Deals. Sprint Flex, as the name suggests, is designed to give users more options for upgrading their phones, including on an annual basis.

With Sprint Flex, customers can choose an iPhone for a low monthly price and begin making payments. Through Sprint’s existing iPhone Forever and Galaxy Forever programs, customers can then opt to upgrade on an annual basis, trading in their devices each year.

After 18 months, though, customers can choose to return their devices for a new one, own the device by making a single payment, or own the device by making six additional monthly…MacRumors: Mac News and Rumors – All Stories